Montgomery County Community College, Blue Bell, Pa., is searching for a bundled provider for its $7 million foundation, confirmed Brent Parker, associate vice president of finance and administration.
The selected firm would provide investment consulting and investment management services, said Mr. Parker. Janney Montgomery Scott, the current provider, is invited to rebid.
Mr. Parker said in a telephone interview that the firm has provided those services to the foundation for the past seven years, and the board decided it was time to put the services out to bid.
Proposals are due at 3 p.m. EDT on July 25. A three-year contract with an option to renew for two additional three-year terms is expected to begin on Sept. 1.
The RFP is available on the college's website.